NOT LISTED FOR SALE

3978 La Salle Ave Los Angeles, CA 90062

Exposition Park Neighborhood
8 Beds
8 Baths
4,780 Sq Ft
6,445 Sq Ft Lot

Last Sold July 02, 2019

Last sale price $1,408,000 $295 Per Sq Ft

About This Home

As of July 2019

3978 La Salle Ave, an 8-unit asset located in Los Angeles near the University of Southern California (USC), University Village, the New Coliseum and the Star Wars museum. The building is well maintained but is perfectly suited for a comprehensive renovation that would allow investors the ability to achieve a 40% increase in cash flow. Built in 1928, 3978 La Salle Ave is composed of Two (2) two-story buildings. Situated on a 6,444-square foot lot, the property features eight (8) residential units including six (6) one-bedroom/one-bathroom units, and two (2) single/one-bathroom units.Located between USC and Downtown Los Angeles, this area is best known as a young and hip scene that provides housing for university students. The property is less than 2 miles to USC and the Exposition Park Metro Station. The property's position makes for an easy drive or metro ride to Downtown Los Angeles, pr

Last Agent to Sell the Property

Sasha Rahban

SaraVita Properties Inc License #01849286 Listed on: 05/10/2019

Last Buyer's Agent

Sasha Rahban

SaraVita Properties Inc License #01849286 Listed on: 05/10/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,445 Sq Ft Lot

Parking

  • On-Street Parking

Interior Spaces

  • 4,780 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5036-029-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4780
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Refrigerator
  • Price Per S Q F T: 314.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 357000
  • Assessed Land Value: 535500
  • Assessor Parcel Number: 5036-029-023
  • Geocode Override: No
  • Lot Size Area: 6445

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 13.99
  • Number Of Units: 8
  • Total Annual Expense: 32262
  • Type Of Units: Mulit-Family
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $1,408,000 -6.4% $295 / Sq Ft
05/10/2019 05/10/19 For Sale $1,505,000 -- $315 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sasha Rahban

    Seller's Agent in 2019

    Sasha Rahban

    SaraVita Properties Inc

    (310) 963-9680

    10 Total Sales

    Sasha Rahban
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Map

Source: The MLS

MLS Number: 19-465030

The MLS

California Los Angeles County Los Angeles 90062 Exposition Park

3978 La Salle Ave, Los Angeles, CA

This home is located at 3978 La Salle Ave, Los Angeles, CA 90062 since 10 May 2019. This property was built in 1928. 3978 La Salle Ave is a home located in Los Angeles County with nearby schools including Martin Luther King Jr. Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

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